Sure we ended in the green…and we rallied early in the day with the Dow coming from a 75 point deficit up 142 points! But, there’s always a but, the Dow closed at +9 and the Dow futures (YM) continued to sell off after the cash close. All the index futures closed in the red. These end of day selloffs are getting consistently ugly.
We have two chances tomorrow of making some news that moves: Initial Claims and Leading Economic Indicators. I think I’ll sit and wait.




Sometimes, entranced by the screens, watching equities, options and futures change colors, charts moving in a wave, and indicators pointing in every direction, I just have to scream....



0 Responses to “Another disappointing day”